Bet on these 5 NBFCs as highly-anticipated rate cuts promise windfall for investors

  • Posted on September 18, 2024
  • By Business News Today
  • 3 Views
Bet on these 5 NBFCs as highly-anticipated rate cuts promise windfall for investors

With interest rate cuts expected this year, non-banking financial companies (NBFCs) are set to benefit significantly. Analysts highlight the potential for growth in NBFC assets under management, especially in consumer finance and gold-based lending. Stocks like Bajaj Finance, M&M Financial Services, and Shriram Finance are recommended for investment due to their strong asset quality and favorable loan compositions.
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